Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Efforts now need to be made on devising a financial mechanism to overcome the US sanctions.
Read More »India Must Resist US Pressure. Buy Oil from Iran
US Considers Tapping Emergency Oil Stockpiles to Decline Prices
The United States started the petroleum reserve in 1975 after oil supplies were interrupted during the 1973 energy crisis.
Read More »Saudi. Russia Reaffirm OPEC Deal of MM-bbl Oil Boost
The terms of the agreement reached last month were ambiguous.
Read More »American Oil Boom Tempting Ships to Steer Clear of Iran
The US is shipping record amounts of crude following the end of an export ban in late 2015.
Read More »India Turn to Traditional Suppliers to Meet Iran Oil Shortfall
IOC is Iran’s biggest Indian oil client.
Read More »S Korea: Iranian Crude Imports Fall 25% on year to 9.09 mil Barrels in Apr
The rise in crude oil imports in April came despite a sharp increase in the country'.s crude stockpiles.
Read More »Iran Oil Sanctions could Advance China`s `Petro-Yuan`
U.S. exit from Iran deal puts pressure on European planemakers.
Read More »US Exit from Iran Deal may Affect Korea`s Oil Imports
Experts say the fresh U.S. sanctions could affect Korean companies seeking to do business and invest in infrastructure and development projects in Iran.
Read More »China Hints at Early ‘Petro-Yuan’
The Chinese plans to pay in yuan for oil are at early stages.
Read More »China is Ramping Up its Presence in Iraq
The burgeoning Iraq-China partnership was said to be anchored by a dramatic increase in oil trade.
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